Particle.news
Download on the App Store
6 ARTICLES
·
last wk.

Tata Capital Files Updated Confidential DRHP Ahead of $2 Billion IPO

The prospectus update lays out fresh equity alongside share sales to meet the RBI’s September 2025 NBFC listing deadline

Tata Capital IPO: Tata group firm to file revised DRHP; unlisted shares take a hit
Image
Tata Investment Corporation Q4 Dividend | Image: Republic
Tata Capital IPO

Overview

  • Tata Capital submitted its revised DRHP to SEBI on July 21 through a confidential pre-filing route
  • The IPO will include a fresh issue of up to 21 crore shares and an offer-for-sale of 23 crore shares by Tata Sons plus 3.58 crore shares by the IFC
  • Proceeds are expected to total around $2 billion, valuing Tata Capital at approximately $11 billion
  • The listing move fulfills an RBI directive requiring all upper-layer NBFCs to go public by September 2025
  • Shares of Tata Investment Corporation jumped over 6% intraday as investors reacted to the DRHP filing